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423
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HR & IR

Job Code

1715974

MAIA Estates - Senior Manager - Rewards

MAIA.5 - 12 yrs.Bangalore
Posted 1 month ago
Posted 1 month ago

KEY RESPONSIBILITY AREAS:

Rewards, Compensation & Workforce Planning

1. Rewards Strategy, Compensation Architecture & Governance

- Design and continuously evolve the organization's Total Rewards Philosophy aligned with business strategy, growth plans, and talent objectives.

- Develop and maintain compensation architecture including job evaluation methodology, salary structures, pay ranges, job grades, and career frameworks.

- Drive market benchmarking and compensation positioning to ensure competitiveness, affordability, and internal equity.

- Create reward frameworks for leadership, critical talent, high-potential employees, and succession pipelines.

- Establish governance mechanisms to ensure consistency and fairness in compensation decisions across the organization.

- Partner with business leaders to provide strategic compensation recommendations for hiring, promotions, retention, and organizational restructuring.

2. Performance Rewards, Incentives & Recognition Programs

- Design and execute annual merit increase, promotion, and variable pay cycles.

- Create and optimize sales incentive plans and business-specific variable pay programs aligned to organizational goals.

- Design short-term and long-term incentive frameworks that drive performance and retention.

- Partner with leadership teams to calibrate performance-based reward decisions.

- Evaluate effectiveness of incentive plans and recommend improvements.

3. Workforce Cost Planning, Budgeting & Analytics

- Lead annual manpower budgeting and compensation forecasting exercises.

- Develop workforce cost models, scenario planning, and hiring forecasts to support business growth.

- Monitor compensation spend, incentive costs, benefits spend, and manpower costs against approved budgets.

- Identify cost optimization opportunities while maintaining talent competitiveness.

- Provide analytical insights to leadership for workforce planning and compensation decisions.

4. Total Rewards Operations, Payroll Governance & Compliance

- Ensure accuracy and governance of payroll inputs, variable payouts, statutory deductions, and Full & Final settlements.

- Establish controls, audits, and validation mechanisms for payroll and reward processes.

- Partner with payroll and finance teams to ensure seamless execution of compensation programs.

- Ensure compliance with labour laws, taxation regulations, wage codes, and internal policies.

- Drive process standardization and documentation across rewards operations.

5. Benefits, Employee Value Proposition & Flexi Benefits

- Design and manage employee benefits strategy including insurance, wellness, retirement, allowances, and flexible benefit programs.

- Evaluate emerging market practices and employee preferences to strengthen the employee value proposition.

- Lead implementation and optimization of benefits technology platforms and flexi-benefit solutions.

- Ensure cost effectiveness and employee utilization of benefit offerings.

6. Rewards Technology, Automation & Process Excellence

- Leverage advanced Excel, automation tools, HR technology, and analytics platforms to improve efficiency and accuracy.

- Build dashboards, trackers, compensation models, and automated workflows.

- Evaluate and implement rewards-related technology solutions that simplify administration and improve decision making.

- Drive continuous process improvement initiatives across rewards operations.

7. Leadership Advisory & Strategic Business Partnering

- Act as a trusted advisor to leadership on compensation strategy, workforce investments, and reward effectiveness.

- Support organization design, workforce restructuring, and talent retention decisions through reward insights.

- Present compensation analytics, budget forecasts, and strategic recommendations to leadership forums.

- Influence business decisions through data-driven workforce and reward strategies.

ABOUT MAIA ESTATES

At MAIA, we believe real estate goes beyond construction - it is about building trust, shaping aspirations and creating meaningful ways of living. Established in 2016 by Mayank Ruia in partnership with the Manipal Group, MAIA Estates is redefining India's real estate landscape through thoughtful design, meticulous planning, and conscious development.

In just a decade, MAIA has earned recognition from leading global institutions including the International Property Awards, Asia Pacific Property Awards, and Luxury Lifestyle Awards. Yet, what truly defines us is our unwavering commitment to quality, transparency, customer-centric thinking, and the belief that design has the power to create lasting impact.

Today, MAIA has emerged as one of Bengaluru's most respected names in premium residential and commercial real estate, with a portfolio that reflects both innovation and integrity. Every development is guided by a philosophy rooted in purpose, precision, sustainability, and enduring value.

Our Founder and CEO, Mayank Ruia, brings over two decades of global experience across finance and real estate. His professional journey includes tenures at Goldman Sachs, UBS, and Everstone Capital, alongside a track record of planning and developing over 15 million square feet of residential and commercial real estate across Bengaluru and other cities, including landmark developments such as 27 Summit, Pelican Grove, Kessaku, and One Bangalore West. His leadership is driven by long-term thinking, operational excellence, and a deep understanding of evolving customer aspirations.

Joining MAIA means becoming part of a culture that values clarity of thought, attention to detail, collaboration, and meaningful innovation. We are not driven by trends or excess, but by the ambition to create spaces and experiences that stand the test of time.

If you are looking to be part of an organisation where purpose, performance, and passion come together, MAIA offers the opportunity to build not just developments, but a meaningful future.

Website: https://www.maiaestates.in/

OUR FLAGSHIP PROJECTS

27 Summit - MAIA's flagship residential development off Richmond Road, Central Bangalore (https://27summit.com/)

The Beacon - MAIA's first commercial development on the banks of Nagavara Lake, North Bangalore

Casa Sia - MAIA's entry into Chennai at Parathasarathy Garden, off Poes Garden, Central Chennai (https://maiacasasia.com)

Pelican Grove - MAIA's debut residential development on the banks of Jakkur Lake, North Bangalore (https://maiapelicangrove.com/)

Pelican Gardens - MAIA's next chapter on the banks of Jakkur Lake, North Bangalore (https://maiapelicangardens.com/)

The Seven - MAIA's foray into South Bangalore, nestled in historic Basavanagudi's cultural core

CORPORATE OFFICE LOCATION

Ulsoor Road, Central Bangalore

OUR PEOPLE FIRST STRATEGY


A sense of autonomy

A greater purpose

Accelerated career growth for top performers

Competitive total rewards package

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Posted by

Job Views:  
423
Applications:  118
Recruiter Actions:  19

Posted in

HR & IR

Job Code

1715974

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